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You ain't kiddin' brother!
I would be happy just to know anything from the company. But current developments with a new MM on board does make one wonder.....
Not saying it is a scam, as I don't believe it to be. But if you keep everyone in the dark and guessing, you get in that status nontheless as many will at least wonder.
Here's to a better future!
Same here, been around since Feb 05. Sure could use some rewards myself. Just that the company is currently in a "is it a scam?" status due to no news, so I hope what is posted here is true and the company comes through with something. Still in this for the long haul, as you're right, not much else to lose.
Sounds great, thanks for the update!!
But would still like to hear it from the company, with good language this time so there are no ways it can be misunderstood or ambiguous. I'll be waiting!
Thanks again though.
I hear ya', brother.
They need to fill us in on whatever is happening so we can be assured that we aren't in a scam as many think. At this point, we are only on faith, and that can only carry a person so far. I like to think things are happening, but who the heck really knows. Maybe those with 'access' to the company could convince them to at least publish something to calm the masses. They owe us at least an update; no fluff required.
Thanks for your update, Velvet.
But sure would like to see the company update us. Been here a long while, and know they don't make many PR's, but sure would help if they could put out more info regularly to at least let us know what's up. Still holding, but could use a bone once in a while to let me know it's not for nothing.
Where's the volume today? Pretty quiet here.......
Strat website news page finally updated. At least someone has put some more work into the web page. Not sure about the need for an RSS feed, but who knows.... maybe more (regular)news coming. Either way, hoping for the best as always.
Thanks Richagain!!
Strat Petroleum Reaches Agreement for Implementation of Sludge Processing Solution
Tuesday January 23, 3:00 pm ET
TORONTO--(BUSINESS WIRE)--Strat Petroleum, Ltd. (OTC:SPRL - News), an emerging exploration and development company focusing on oil and gas opportunities in the Russian Federation, today announced that its sludge oil recovery project in Bashkorstan continues to ship approximately 300 bbls per week. Due to harsh winter conditions this season the Company has decided to minimize risk and maintain current production levels with the expectation that the originally projected 100 bbls per day recovery will be achieved as the weather warms up heading into the Spring.
In order to increase revenues and profitability, Strat's local joint venture has signed an agreement with a regional oil refinery to process the Company's recovered oil into heating oil. This additional step in the sludge processing chain will improve overall gross margins on every barrel to upwards of 50%. Delivery of the 300 bbls/week to the refinery began January 8, 2007 with intent of an increase to 400 bbls/week beginning January 22, 2007. The refinery has allocated storage facilities of up to 1,500 bbls of delivered product, which will be refined within three days of receipt.
About Strat Petroleum:
Strat Petroleum is an emerging exploration and development company focusing on investment in oil and gas properties and other related projects in the Russian Federation. For more information, please visit the company website at www.stratpetroleum.com. The company's phone numbers are: 905-761-9169 (main), 416-628-8018 (fax) and 646-216-9751 (U.S.).
Investor Relations/Corporate Communication
Lynx Consulting Group, Inc.
+1 (858) 488-4049
info@lynxir.com
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; uncertainties of completing business transactions; uncertainties of raising necessary capital; no control over long term pricing; possible reductions in demand for our products and services due to competition or changes in industry conditions or political environment; changes in the nature of energy regulation in the Russian Federation, the United States and other countries; political risk; currency exchange risk; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; reliance on management and management contacts; and other risks that may be referenced from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Strat Petroleum, Ltd.
Tanya Hyams, 905-761-9169
--------------------------------------------------------------------------------
Source: Strat Petroleum, Ltd.
I agree, Hopefully we hear something soon. Just nice every once in a while to see activity in the company, even though I suspect it will take a while to get anything going in russia. They'll inevitably have to change course a few times, as they have. We're not in Kansas anymore, Toto.
Has anyone ever went to their stateside or Toronto office in person? Just wondering since I have never seen that post on any of the SPRL boards.
And for those that re-post these things on their board, I also always wonder what's going on, but am confident in the fact that if we were being taken, that the OS count would be way more than it is, and surely the alleged conspirators would be PRing and surrogate pumping the heck out of SPRL before selling more shares instead of leaving it sub 4 cents for so long. So I have that confidence riding with my money. But hey, all pennies are like playing the slots, you win some you lose some. I think we'll win some here, even though I don't really know the outcome. Just my .02
Long and strong, up or down, in it till the end baby
Thanks for the update MrSparks!
Glad they updated the website. hopefully more updates and 'normal' investor relations in the future. Been a long leap of faith but I've kept up hope. I am still at the point of not knowing if I should quit buying and hold what I have, or when it gets a dollar or more being upset I didn't buy more. I still believe, gut feeling only, that this will be a 'fully functioning' company listed somewhere other than OTC by 08. The problem we have of course is manipulation of the pps by ?, and flippers keeping us in these mood swings as of late. I'm more interested in seeing Strat become a success in their efforts than I am in my making moolah, but the cash does help.
Once they have something concrete to report, we'll see it.
Good luck all.
Still a bit early for most people, I suppose. Once we get some news or additional tidbits on the latest happenings, things will open up.
Only time will tell.
dwb,
Actually the way it was going there for a while, I was kind of glad no posts. But thanks to all for the new information shared here toward the end of the day. Hopefully there will be news from the company in the next month or so to help bolster confidence in the new shareholders and those that have not been around very long. The fact that an IR firm has been hired sure helps me keep on trucking.
600k and long for about two years so far! Never sold a share, and will be mad I didn't buy more when this thing actually gets in the bigtime, as I certainly have the means to, just balancing risk levels in my portfolio.
Thanks.
I have about 85 days left here in Ramadi. I did have 30 but we got extended, oh well, as others in the world have it worse. Should be my last tour as I retire 2008. 29 months (2 tours) is long enough for me here.
dwb,
Brother, you aren't kidding! Sure was hard keeping the faith while chasing the pps down from my initial .35. Luckily my average is now .035 so i will see green before the weeks end! I have kept the faith more than I would have expected as this is actually my first and only individual stock, and a pinky at that! Been in mutual funds, bonds and CDs up until now. My gut usually tells me when something is right, as it did with SPRL. This stock is like crack, I can't get enough, even when there was no news. Now that promising info is coming from outside sources, it sure feels good.
I had forgot about RB until you mentioned it. I see the same ole stuff going on over there.
I picked up a quick 25k at .028. Hopefully that's the last .02's I see! In for the long haul, as always.
Strat website has been down for a day now, hopefully they are updating it after all this time.
Like to see $10 pps in five years, as that is what Sam and company deserve. For those of you in at .01, congrats! For those of us who chased it down from .35, rewards are coming.
I agree. When these type of stocks get volatile and make big gains per day, many start to flip them, which we don't want with SPRL. Steady rise all the way to its potential would suit me just fine. Been here since it was .35c and not leaving anytime soon. My average is now .04 with 500k shares invested for the long haul.
Finally decided to register! Figure I should, since I've been here over a year lurking around. Great board, with the most constructive things about Strat anywhere on the net!!
I am a newbie at individual stock investing, but have been in the mutual fund market for years. Currently holding 300k of Strat; I bought my first shares in Feb 05 ($.35), so I too have been chasing it all the way down to .01. SPRL is an addiction, I keep buying more even though the price is going down. But I have a good feeling that the company will ultimately be a great investment. I am trying to keep any potential loss to a minimum, or else I'd double my shares right now. Hopefully all works out for Strat and we all become wealthier. Glad to be along for the ride!